It is believed that three suspects were involved in the incident, using a Proton Waja taxi.

An eyewitness, who declined to reveal his name, said he was at his food stall when he saw a man walking towards the couple.

"Then I heard gunshots and saw the couple crumple. I ran to safety when I saw the gunman running towards me," he said.

The shooting comes just days after crime watchdog activist R. Sri Sanjeevan was shot in the ribs in his hometown Bahau. There has also been a spate of shootings over the past month.

The AmBank Group was founded in 1975 as Arab-Malaysian Development Bank by Hussain via his holding company AIAK (Arab Investments for Asia Kuwait). He brought the bank public via the Kuala Lumpur Stock Exchange (KLSE) in 1981.

Meanwhile, Ambank group chairman Tan Sri Azman Hashim expressed his condolences to Hussain's wife and said he was sad to hear about the incident. - July 29, 2013.

Where the shooting took place this afternoon. - The Malaysian Insider pic by Muzliza Mustafa, July 29, 2013.

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